[Binance has appealed against a $4.4 million fine imposed by Canada] Golden Finance reported that Binance has appealed against a $4.4 million fine imposed by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The fine was imposed for failure to comply with anti-money laundering (AML) and counter-terrorism financing (CFT) regulations. In its appeal, Binance stated that it does not provide services to Canadian residents and announced plans to exit the Canadian market in May 2023. This appeal has nothing to do with the legal issues Binance faces in other countries.